Home/Filings/4/0000950103-16-011283
4//SEC Filing

Cobalt International Energy, Inc. 4

Accession 0000950103-16-011283

CIK 0001471261operating

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 9:27 PM ET

Size

7.8 KB

Accession

0000950103-16-011283

Insider Transaction Report

Form 4
Period: 2016-02-18
Painter James H.
Exec. V.P., Gulf of Mexico
Transactions
  • Sale

    Common Stock

    2016-02-19$2.18/sh5,879$12,8161,319,714 total
  • Award

    Restricted Stock Units

    2016-02-18+179,303179,303 total
    Common Stock (179,303 underlying)
Footnotes (3)
  • [F1]The sale price is a weighted average sale price that represents the sale of these shares of Common Stock at prices ranging from $2.15 to $2.28, inclusive. These shares were sold pursuant to a 10b5-1 plan. The reporting person undertakes to provide upon request by the SEC staff, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (1).
  • [F2]The reporting person was awarded the reported securities under the Issuer's 2015 Long Term Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of Common Stock, the cash equivalent of Common Stock or a combination thereof, at the Issuer's election.
  • [F3]The restricted stock units will vest one-third (1/3) on each of March 1, 2017, March 1, 2018 and March 1, 2019, subject to the terms of the award agreement under the Plan.

Issuer

Cobalt International Energy, Inc.

CIK 0001471261

Entity typeoperating

Related Parties

1
  • filerCIK 0001471261

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 9:27 PM ET
Size
7.8 KB